Overview
The Carlyle South America Buyout group implements an opportunistic, multi-industry investment approach with an experienced and diversified team leveraging Carlyle’s global resources.
Launched in 2009, this fund conducts leveraged buyout transactions in South America in targeted industries.
| 投資先 | 業種 | 投資 | 現在の状況 | |
|---|---|---|---|---|
|
CVC Brasil Operadora e Agencia de Viagens S.A. CVC Brasil Operadora e Agencia de Viagens S.A. is the largest tour operator in Latin America. |
消費財・小売 | 継続保有中 | |
|
Estok Comércio e Representações S.A. Tok&Stok sells a wide range of furniture and home décor products. |
消費財・小売 | 継続保有中 | |
|
FS VAS FS VAS is a leading mobile media service provider in Brazil. |
通信・メディア | 譲渡又は上場済み | |
|
Grupo Liderman Liderman is Peru’s prominent manned and electronic security and surveillance company with operations in Peru and Ecuador. |
テクノロジー・ビジネスサービス | 継続保有中 | |
|
Hermes Transportes Blindados S.A. Detective And Armored Car Services |
インフラ | 譲渡又は上場済み | |
|
Inca Rail Train transporting passengers from Cusco to Machu Picchu |
運輸 | 継続保有中 | |
|
Orguel Administração e Participações S.A. One of the largest equipment rental players in Brazil. |
製造業 | 譲渡又は上場済み | |
|
Qualicorp S.A. Qualicorp Participações S.A. is the leading full-service provider of health benefits management services in Brazil. |
ヘルスケア | 譲渡又は上場済み | |
|
Rede D’Or São Luiz S.A. Rede D’Or São Luiz S.A. operates hospitals in Brazil. It operates 27 hospitals with approximately 4,000 beds in Rio de Janeiro, São Paulo, Pernambuco, and the Federal District. |
ヘルスケア | 継続保有中 | |
|
Ri-Happy Brinquedos S.A. Ri-Happy is the largest specialty retailer of toys in Brazil. |
消費財・小売 | 継続保有中 | |
|
Scalina S.A. Scalina S.A. is one of Brazil’s largest manufacturers and retailers of women’s hosiery and lingerie. |
消費財・小売 | 譲渡又は上場済み | |
|
Tempo Participações S.A. Tempo Participações S.A., through its subsidiaries, provides specialized assistance services in Brazil. |
テクノロジー・ビジネスサービス | 継続保有中 | |
|
Uniasselvi Uniasselvi is a leading post-secondary Distance Learning (“DL”) player in Brazil with ~100k students (85k DL and 15k on-campus) |
消費財・小売 | 継続保有中 | |
|
Vasco Turismo S.A. Inbound/Outbound tourism operator |
テクノロジー・ビジネスサービス | 継続保有中 |
Investment Approach
The Carlyle South America Buyout group implements an opportunistic, multi-industry investment approach with an experienced and diversified team leveraging Carlyle’s global resources. Carlyle established its South America Buyout investment operation in 2007, targeting investment opportunities primarily in Brazil and other select South American countries, including Argentina, Chile, Colombia and Peru. Carlyle’s approach in South America mirrors its method throughout the world: field a team of local investment professionals with intimate knowledge of the region and leverage the Carlyle platform, which features an extensive network, industrial expertise and operational know-how.
Solid Economic Fundamentals
The focus is on industries benefiting from what Carlyle believes to be solid economic fundamentals of the region:
- Growing middle-class
- Increasing disposable income
- Long-term competitive advantages
- Brazil is the world’s 7th largest economy with 2010 GDP of US$2.1 trillion (IMF, World Economic Outlook, April 2011)
- Lower private equity penetration compared to other markets
Banco do Brasil
In 2009, Carlyle formed a relationship with Banco do Brasil, one of the largest financial institutions in Latin America, to source and make joint investments in South America.
The South America Buyout Team Approach
- Value Creation Focus: Carlyle seeks to invest in sound companies and businesses with potential for value creation, supports their business and leads them to the next stage.
- Corporate Partnership: Carlyle teams with strategic investors when the partnership will add value to the portfolio companies.
- Mid- to Long-Term Investor: Carlyle investment professionals devote a significant amount of their time to maximizing the portfolio company’s value on a mid-to long–term basis.
- Consistent and Disciplined: We believe a consistent and disciplined investment philosophy produces the highest consistent returns. The South America Buyout team focuses on industries it knows best and seeks to structure its transactions with appropriate amounts of debt.